+2BILLION NAIRA UNPAID, OVER 4,000 STUDENTS MIGHT LOSE STUDENTSHIP IN OSUN STATE

[Osun]–There is a huge probability that over 4,000 students of the Osun State University will be expelled from the institution today, 28 February, 2017, as a result of the their inability to pay their school fees which is estimated to be over N2bn.

This was disclosed through a statement signed by Gafar Shitu, acting registrar and released by the corporate affairs unit of UNIOSUN.

According to the statement, majority of the students had forgone the payment of school fees for investment in Mavrodi Mondial Moneybox, which was reported to have crashed and the Nigeria director in charge, to have flown to Philippines along with his family.

“Over 4000 students of Osun State University may lose their studentship for failing to pay their school fees before the expiration of February 28, 2017, deadline set by the university management,” the statement read.

“No fewer than 400 parents/guardians of the defaulting students have called the University help lines to report that they had long given money to their children/wards.”

“The university Senate at its meeting of January 26, 2017, after observing that a large number of students had refused to turn up in spite of ceaseless appeals, decided that the students’ portal be reopened longer into the 12th week of resumption against the four weeks stipulated in the University regulations.

“The decision of the University Senate, which was adequately communicated to all the students on February 2, 2017, was to afford more students the opportunity to pay their fees with effect from 17th to 24th February 2017, a date which was later extended until February 28, 2017.